Chegg, Inc. Provides Earnings Outlook for the Fourth Quarter and Full Year 2021
November 01, 2021 at 04:07 pm EDT
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Chegg, Inc. provided earnings outlook for the Fourth Quarter and Full Year 2021. For the Quarter, the company's Total Net Revenues in the range of $194 million to $196 million. Chegg Services Revenues in the range of $175 million to $177 million.
For the Year, the company's Total Net Revenues in the range of $762 million to $764 million. Chegg Services Revenues in the range of $657 million to $659 million.
Chegg, Inc. provides a student-first connected learning platform. The Company is combining generative artificial intelligence (AI) and human capabilities to provide a personalized learning assistant to be included in its Chegg Study offering. Its service and product offerings fall into two categories: Subscription Services, which encompasses its Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through its websites and on mobile devices, and Skills and Other, which encompasses its Chegg Skills, advertising services, print textbooks and eTextbooks offerings. Chegg Study subscribers have access to personalized, step-by-step learning support powered by AI, computational engines and subject matter experts. Chegg Study Pack is a premium subscription bundle that includes all of the benefits of Chegg Study, as well as Chegg Writing and Chegg Math. Chegg Skills offers programs on technical skills, including AI and data analytics.
CHEGG, INC. 
